Wal-Mart Plans to Open More Stores in China

BEIJING—Wal-Mart Stores Inc. is shifting its strategy in China to open more stores, centralize distribution and lower costs, executives said, expressing commitment despite the recent announcement of store closures in the tough market.

Wal-Mart will open 110 new stores in China between 2014 and 2016, adding 19,000 employees to its roster, said Greg Foran, Wal-Mart's China CEO. He said the retailer also aims to open two more Sam's Club...